The Ministry of Mines and Energy (MinEnergia) reported natural gas production figures for June 2019. This is what the Colombian Association of Natural Gas (Naturgas) had to say.
Canacol Energy’s (TSX:CNE) CEO, Charle Gamba, spoke about the completion of the firm’s gas pipeline in the Colombian Caribbean.
Canacol Energy (TSX: CNE) provided results on the Acordeon 1 exploration well, located in the VIM-5 block in the Lower Magdalena Valley (VIM). The company is changing its 2019 drilling program, due to these results.
Average oil netbacks had a recent peak in 2Q18 and since then have been falling back. Oil is now within US$6 of gas on an equivalent barrel basis. Not enough perhaps to make a company change strategy but maybe to change some resource allocation decisions.
TransMilenio welcomed new Vehicular Natural Gas (VNG) buses to its fleet, but comments by Gustavo Petro, former Mayor of Bogotá, started a debate. The Colombian Natural Gas Association (Naturgas) spoke on the issue.
Employees of the Gibraltar plant (Norte de Santander) have been protesting for two months, affecting natural gas supply in Colombia’s northeastern area. Ecopetrol (NYSE: EC) spoke about the consequences of these and other protests.
The Ministry of Mines and Energy (Mines) reported gas production figures for May 2019. Natural gas has been showing a positive performance in recent months.
Canacol (TSX: CNE) participated in the South America Energy Series 2019 (SAES19) in Bogotá. Omar Serrano, Director of Strategy, Guilds and Contracts of CNE, spoke about the growth and expectations of the company in the country. HCC attended the event and we bring a brief summary of the meeting.
Natural gas reserves have created concerns in the industry due to its poor performance in recent years. The industry insisted on the need to develop unconventional projects to resolve current issues.
Casanare’s government will install gas networks in the department’s rural areas. Here are the details.
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